Dec 11, 2012 1:00am EST
mark. she runs google's washington office. she's always been on the cutting edge of things that really matter. let me start off by saying i do not think there is an anti- innovation caucus. i do not think there is anybody who is opposed to innovation. it is a little bit like apple pie or rg3. let me ask you all to describe what we really mean by innovation. what are the two or three priorities we ought to really be talking about? glenn? >> let's start on that side. >> i thought you'd start on that side. >> i go to my right first. >> there are three types of innovation. this is from the business perspective, our world. one is scientific innovation that allows the second innovation which is the technology innovation, to take the underlying discovery and commercialize its, turning it into a product that can be used for consumer customers. what is equally important is how you can then take a discovery, it turned into a technology, and you can deliver it in a way that allows you to build a business that gets you a margin that can support the business. basic science innovation, technology in
Dec 10, 2012 8:00pm EST
will hear from a google vice president who served in the u.s. house of representatives in 1990. hosted by the center for american progress, this is 55 minutes. >> that is a really tough act to follow. i am delighted to be here. let me tell you one quick story about our host and one of my favorite people. i did a column one time in which are referred to her as the sugar ray robinson of policy issues. sugar ray robinson was pound for pound the greatest boxers in the history of the game. whenever i see her, i say hi, sugar. one of my younger reporters said to a colleague, she is a different generation. it is a terrific -- it is terrific to be here. he is a tremendous asset. his real claim to fame is he is part owner of the boston celtics. to but the more we will talkjonathan teaches at thehe has written 150 books. i say about pat moynihan that he had written more books than most senators have read. i am dazzled by that. he is also a senior adviser at the center for american progress. he's very interested in the subject. susan, we have to stop meeting like this. we have done more seminars.
Dec 10, 2012 6:00am EST
on -- every once in a while i check tweeting. >> i saw it on google, too. kayla tausche reporting -- >> kayla beat nick dunn. >> nick dunn was quoting kayla. >> is that right? >> corporate news that we're talking about, ingersoll-rand is nearing a deal to spin off its security technology business. cnbc's kayla tausche is reporting that the news could be announced as early as today. the spin-off comes after months of negotiations with an activist investor. ingersoll-rand is planning to announce a buyback program and a nearly 30% increase in the share program. also, aig is considering selling its plane leasing firm to a chinese group for up to $4.8 billion. plus, listen to this, mcdonald's is going to be reporting november sales today. look for the numbers at about 8:00 a.m. eastern time. analysts are expecting global comps to decline .1%. u.s. sales are seen falling by .8% while europe is expected to tick slightly higher. this was a big deal last month when they came out for their comps. it disappointed for the first time in years and years. people will be watching this number very closely to
Dec 5, 2012 4:00am EST
accused the likes of starbucks, google and amazon of immorally dodging taxes in the uk. although they've done absolutely nothing illegal. steve is braving the inclement weather in the uk with more on this story. how much of a mention and a focus is this going to get with everything else, steve? >> well, isn't it wonderful, the politicians when they're running for their own lives look for another scapegoat, and who better than those u.s. corporations who aren't paying enough uk tax. but as you quite rightly said, they're doing absolutely nothing illegal and doing everything that they should do in terms of creating shareholder value. they're doing what they should do, ie looking for ways to minimize their tax burden, increase their profit and potentially increase the special dividends no those u.s. investors will be getting ahead of the fiscal cliff. but let's get another view of this. gary richards is a senior corporate tax partner. that's the point. these american companies who are evading taxes who the politicians want to come down on, they're doing nothing wrong. the problem lies in